Poland.

What goes on in Poland on the 8th of August.

In the second quarter of 2019, PKN ORLEN earned LIFO-based EBITDA of PLN 2.7bn, an increase of more than PLN 600m y/y. Earnings improved despite a more challenging macroeconomic environment, affected chiefly by the declining Brent/Urals differential (down by USD 1.7/bbl y/y). The Group’s LIFO-based EBITDA was driven mainly by robust performance in Downstream and […]

At the Civic Coalition Program Forum held recently in Warsaw, the prominent Civic Platform Member of European Parliament (MEP) on one of the panels stated that „It is too late for the nuclear in Poland. Energy from the nuclear for 10-12 years is too distant perspective”. Well, I can ask a question for whom this […]

What goes on in Poland on the 7th of August.

On July 19, 2019, the Voivode of the Kujawsko – Pomorskie province issued a decision on determining the location for the construction of the Gustorzyn Gas Compressor Station, together with the infrastructure necessary for its operation, in the area of Gustorzyn, in the commune of Brześć Kujawski. The gas compression station in Gustorzyn is an […]

US President Donald Trump will visit Warsaw. This is a great opportunity to announce new sanctions against Nord Stream 2, which, however, will not be proof of success, but the failure of transatlantic policy – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

The first cargo of liquified natural gas under the long-term contract between PGNiG and US LNG provider Cheniere Energy arrived today at the President Lech Kaczyński LNG Terminal in Świnoujście. The long-term contract, which was signed in November of 2018, will total approximately 39 bcm of natural gas over the 24 year period of the […]

Lithuanian Minister of Energy Žygimantas Vaičiūnas talks about reception of the polluted oil crisis in his country and preparations for synchronization with the European electricity system by Poland through Harmony Link.

What goes on in Poland on the 5th of August.

– The Poland-Slovakia gas connection is an important element in building an integrated European gas market. It will allow us to increase gas transmission from the LNG terminal and the Baltic Pipe gas pipeline to our partners from Central and Eastern Europe. On 19 July 2019, Gaz-System signed a contract for the construction of this […]